FDI&Retail_sector

Dear all,

Welcome.The Indian govt. decision to approved FDI of 51% in Multi-brand retail sector is welcomed by RBI & USIBC. As per RBI head, it will aid in helping the supply chain and bring down dearness. This will also bring big retailers like Walmart & other global retailers in Indian cities. USIBC had welcomed this courageous decision. It stated that this will help consumers and food commodities will become cheaper as also as inflation. These are complex reforms and will aid as consolation to investors. It will be an itinerary to 1990 economic liberalisation. But the opposition is against it as foreign retailers will be equipped with attacking marketing policies. Walmart is biggest retail co. with more than 8000 stores in 15 countries where 21 lakh workers are employed. Its 70% of business is in Europe and US whereas 20% is in Japan & China.

With regards,


M.K.Pachraiya, India